Recommended

NatWest Life has expressed serious concerns over the Government&#39s stakeholder pension proposals.The life office has identified four key issues, compulsion, advice, taxation and governance, which it says needs to be addressed otherwise stakeholder will run the risk of failure.It says compulsion is needed because its research shows only one in 10 people intend to make […]

Consultants William M Mercer has warned the Government that it cannot ignore the annuities question, in its response the stakeholder green paper.The author of the Mercer response Richard Malone says: &#34At the heart of the problem is the present need, in the majority of cases, to purchase fixed interest annuities at retirement.&#34The problems of annuities […]

Autif has issued its 1999 tax factsheet to help unit trust investors complete this year&#39s tax returns.The updated guide, Unit Trusts and Tax – Completing your tax return, provides information on three types of income from UK authorised unit trusts and Peps. These are the interest, dividend and foreign income distributions.Autif public relations manager Clare […]

The Personal Investment Authority has issued guidance for advice on personal pensions in the run up to stakeholder pensions.The regulatory update, to be issued on March 30, says advisers should continue to follow the twin principles of &#39know your customer&#39 and &#39suitability&#39.This means advisers should take full account of the clients circumstances before recommending a […]

When someone mentions whole of life plans, most people will think of a niche product that serves as an inheritance tax planning tool for high-net-worth clients. And it’s really not surprising they’ve been pigeonholed in that waybecause before the arrival of RDR in 2013, that’s more or less exactly what they were. For advisers thinking […]

Newsletter

Latest from Money Marketing

BMO Global Asset Management fund manager Robert Burdett has more than halved the exposure to passive funds in most of the multi-manager funds amid fears of a bubble in the market. Burdett, who co-manages the £1.2bn F&C MM Navigator Distribution fund with Gary Potter, says the team has been cutting exposure to passive funds across […]

Opinion differs as to what has caused the advice gap. Some believe the move from commission to fees has made advice unaffordable for the mass market, with advisers having to focus on wealthier clients for commercial reasons, while others say the trend was happening anyway, regardless of the RDR. For Simplified Money director Lesley James, […]

Sales of protection policies are back at peak levels, with the sector growing by more than 20 per cent in the past year, despite adviser complaints over protection’s lack of popularity. According to the latest figures from Equifax Touchstone, sales of protection policies surpassed £149m between July and September this year — their highest level […]